India Movers: Newgen Software, Manorama, Indoco, Onward, Pidilite, Housing & Urban, Coforge

Arun Goswami
14 Apr, 2025
Mumbai

Newgen Software Technologies Ltd. inched higher 3% to ₹878.70 after the software solutions provider reported a 30% rise in its earnings in the latest quarter.

Consolidated revenue advanced to ₹389.5 crore from ₹334.8 crore, after-tax profit increased to ₹89 crore from ₹68.3 crore, and diluted earnings per share rose to ₹6.16 from ₹4.73 a year ago.

Manorama Industries Limited jumped 3.3% to ₹980.20 after the tree-borne oils and forest products maker reported a four-fold increase in earnings in the December quarter.

Consolidated revenue advanced to ₹211.1 crore from ₹102.5 crore, net income jumped to ₹29.5 crore from ₹7.4 crore, and diluted earnings per share rose to ₹4.95 from ₹1.25 a year ago.

Indoco Remedies Ltd. rose 4% to ₹234.20 after the pharmaceutical company swung to a loss in the December quarter.

Consolidated revenue declined to ₹411.4 crore from ₹461.8 crore, after-tax net income swung to a loss of ₹28.4 crore from a profit of ₹15.6 crore, and diluted earnings per share swung to a loss of ₹3.08 from a profit of ₹1.69 a year ago.

Vardhman Textiles Ltd. increased 5.4% to ₹460 after the textile manufacturer reported a 26% rise in its earnings in the latest quarter.

Consolidated revenue increased to ₹2,476.6 crore from ₹2,375.1 crore, after-tax profit jumped to ₹203.6 crore from ₹161.1 crore, and diluted earnings per share rose to ₹7.04 from ₹5.57 a year ago.

Onward Technologies Ltd. advanced 6.4% to ₹231.10 after the software outsourcing company reported a slight increase in revenue and a 12% decline in profit in the December quarter.

Consolidated revenue advanced to ₹124.5 crore from ₹116.9 crore, net income declined to ₹6 crore from ₹6.8 crore, and diluted earnings per share fell to ₹2.63 from ₹2.96 a year ago.

Pidilite Industries Ltd. increased 0.4% to ₹2,949.70 after the chemicals manufacturing reported an increase in revenue and net income in the December quarter.

Consolidated revenue increased to ₹3,424 crore from ₹3,166 crore, after-tax profit rose to ₹557.1 crore from ₹510.9 crore, and diluted earnings per share advanced to ₹10.64 from ₹10.04 a year ago.

Housing & Urban Development Corporation Ltd. increased 1.5% to ₹215.85 after the financial service provider reported a 42% rise in its earnings in the latest quarter.

Consolidated revenue increased to ₹2,770.1 crore from ₹2,022.9 crore, after-tax profit advanced to ₹735 crore from ₹519 crore, and diluted earnings per share rose to ₹3.67 from ₹2.59 a year ago.

Coforge Ltd. rose 0.4% to ₹6,314.05 after the digital services and solutions provider reported a 44% increase in revenue and a marginal decline in net income in the December quarter.

Consolidated revenue advanced to ₹3,377.8 crore from ₹2,338.3 crore, net income fell to ₹249.3 crore from ₹261.2 crore, and diluted earnings per share decreased to ₹31.94 from ₹38.06 a year ago.

Tata Consultancy Services rose 0.4% to ₹3,232.30 after the IT services, consulting, infrastructure, and business solutions provider reported a slight increase in revenue and a marginal decline in net in the March quarter.

Consolidated revenue in the March quarter increased to ₹65,507 crore from ₹62,394 crore, ne income declined to ₹12,293 crore from ₹12,502 crore, and diluted earnings per share fell to ₹33.79 crore from ₹34.37 a year ago.

For the fiscal year 2025, revenue advanced to ₹2,59,286 crore from ₹2,45,315 crore, profit after tax rose to ₹48,797 crore from ₹46,099 crore, and diluted earnings per share soared to ₹134.19 from ₹125.88 a year ago.

The company's board recommended a final dividend of ₹26 per share.